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Workforce shrinkage will not inevitably push wages up

Location:

INT

Potential workforces are shrinking as populations age and labour participation falls or stagnates in major economies

Tunisian public wage bill will limit state investment

Location:

TUNISIA

Tunis is wary of cutting state jobs -- and thus its salary burden -- which is hampering capital expenditure

Risks and opportunities 2021: Global economy

Location:

INTERNATIONAL

Economic and health policies are key to the West and many developing nations emerging swiftly from double-dip recession

Joblessness will rise as job-save policies are unwound

Location:

INT

Policies have reduced the damage COVID-19 has done to Western job markets but these temporary schemes have to be unwound

Redistribution is key to the future of the workforce

Location:

INT

Technology will raise productivity and living standards; redeployment rather than fear of unemployment must guide policy

Social cohesion is vital to promote long-run growth

Location:

INT

Strong social and human capital can offset costs such as technologically stranded workers

The job dislocation of COVID-19 will reduce global GDP

Location:

INTERNATIONAL

The more jobs that are lost worldwide this year, the more disjointed the economic recovery will initially be

Deaths of despair could hinder the economic recovery

Location:

INT

Social isolation and economic uncertainties arising from COVID-19 lockdowns could prompt many more deaths of despair

Worker shortages and skills mismatches will hit growth

Location:

INT

High youth unemployment and rising worker retirements are straining labour markets and productivity